The CIE Automotive, S.A. (BME:CIE) Third-Quarter Results Are Out And Analysts Have Published New Forecasts

The quarterly results for CIE Automotive, S.A. (BME:CIE) were released last week, making it a good time to revisit its performance. CIE Automotive reported in line with analyst predictions, delivering revenues of €1.0b and statutory earnings per share of €2.82, suggesting the business is executing well and in line with its plan. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on CIE Automotive after the latest results.

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Taking into account the latest results, the most recent consensus for CIE Automotive from nine analysts is for revenues of €4.30b in 2027. If met, it would imply a credible 4.3% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to grow 13% to €3.26. Before this earnings report, the analysts had been forecasting revenues of €4.31b and earnings per share (EPS) of €3.30 in 2027. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results.

Check out our latest analysis for CIE Automotive

There were no changes to revenue or earnings estimates or the price target of €36.11, suggesting that the company has met expectations in its recent result. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. There are some variant perceptions on CIE Automotive, with the most bullish analyst valuing it at €39.50 and the most bearish at €33.60 per share. This is a very narrow spread of estimates, implying either that CIE Automotive is an easy company to value, or - more likely - the analysts are relying heavily on some key assumptions.

Of course, another way to look at these forecasts is to place them into context against the industry itself. We can infer from the latest estimates that forecasts expect a continuation of CIE Automotive'shistorical trends, as the 3.4% annualised revenue growth to the end of 2027 is roughly in line with the 3.7% annual growth over the past five years. Compare this with the broader industry, which analyst estimates (in aggregate) suggest will see revenues grow 2.5% annually. So although CIE Automotive is expected to maintain its revenue growth rate, it's definitely expected to grow faster than the wider industry.

The Bottom Line

The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. Fortunately, they also reconfirmed their revenue numbers, suggesting that it's tracking in line with expectations. Additionally, our data suggests that revenue is expected to grow faster than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. At Simply Wall St, we have a full range of analyst estimates for CIE Automotive going out to 2028, and you can see them free on our platform here..

However, before you get too enthused, we've discovered 1 warning sign for CIE Automotive that you should be aware of.

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